More than 200 years ago benjamin franklin coined the now famous dictum that equated passing minutes and hours with shillings and pounds. The new millennium—and the decades leading up to it—has given his words their real meaning. Time has become to the 21st century what fossil fuels and precious metals were to previous epochs. Constantly measured and priced, this vital raw material continues to spur the growth of economies built on a foundation of terabytes and gigabits per second.